Bearish sentiments drag stock market index further by 0.4% | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

“In the absence of a positive catalyst, we guide investors to trade cautiously in the short term.” Nigeria

The reign of bears continued unabated on the trading floor of the Nigerian Stock Exchange , as more bellwether stocks depreciated in price, resulting to a further decline in the All-share index by 0.4 per cent.

Analysts at Afrinvest Limited maintained a bearish outlook for subsequent trading sessions, but were optimistic that investors would continue to position in undervalued stocks with good fundamentals. Linkage Assurance gained 8.33 per cent to close at 52 kobo, and Oando 6.76 per cent to close at N3.95, per share.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines